Ignatius Monis Unanimously Elected as the President of the Udupi Catholic Credit Cooperative Society


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Report by Eugene Moodubelle
Bellevision Media Network

Moodubelle, 21 March 2010: On 18th March 2010, Mr. Ignatius Monis of Moodubelle was unanimously elected as the President of the Board of Directors of the Udupi Catholic Credit Cooperative Society for a term of two and a half year term which is extendible for a further period of two and a half years.

Prior to the unanimous election of Mr. Ignatius Monis as the President, on 12th March 2010, eight members of the Board of Directors of the Udupi Catholic Credit Cooperative Society were elected unopposed. These eight Directors are: Mr. Ignatius Monis (Moodubelle), Mr. Felix Pinto (Kemmannu), Mr. Louis Lobo (Kalmady), Mr. Percy Joseph D’Souza (Kallianpur), Mr. Louis D’Almeida (Manipal), Mr. James D’Souza (Yermal), Mr. Archibald D’Souza (Thottam), Mr. Franklin Menezes (Kalmady) and Mrs. Ida Celestine Alva (Udupi).

The Udupi Catholic Cooperative Credit Society was founded in the year 1998 on the initiative of Mr. Ignatius Monis and Mr. Louis D’Almeida, who were respectively the President and the Secretary of the Catholic Sabah of the Udupi Varado. The credit society was initiated with the view of providing credit to the members of the Catholic community that is spread across the Udupi Varado. The Udupi Catholic Credit Cooperative Society was thus born with the initial share capital of 6 lakhs of rupees collected as shares from around 600 shareholders.

In the beginning there were 11 members in the Board of Directors and the first President of the Board of Directors was late Denis D’Silva who was the first Head Master of the St. Lawrence High School of Moodubelle when it was founded in 1959.

With the passing years, the Udupi Catholic Credit Cooperative Society registered a steady growth. According to Mr. Ignatius Monis, the new President of the Society, the present share capital of the Society is 20 lakhs of rupees and the total turnover is more than 3 crores of rupees. There is a plan to widen the operations of this Cooperative Society by opening new branches. The first such branch would be opened at Kalmady in the near future. Presently, the main central office of the Udupi Catholic Credit Cooperative Society functions from the first floor of the Christa Jyothi Complex on the K.M. Marg, Udupi with four staff members.

Bellevision congratulates Mr. Ignatius Monis on being unanimously elected as the President of the Board of Directors of the Udupi Catholic Credit Cooperative Society and wishes him success in expanding the Society.

 

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Comments on this Article
Agnes Lobo D Souza, Moodubelle, Goa Thu, March-25-2010, 2:05
Congratulations Innaab, May God guide you and help you to carry on with your responsibilities as newly elected President of the Board of Directors. Keep up the good work.
Melwyn castelino, Moodubelle/Mmumbai Wed, March-24-2010, 2:51
Congratulations Innaab.Wishing you every succes in your work.
SANJAY ANDRADE, KALMADY Tue, March-23-2010, 5:23
DEAR INNAB,CONGRATULATION.ALL THE BEST.
Alfred Martis, Gududottu-Muscat Tue, March-23-2010, 12:02
Congrts! Innaab.,on being elected as the President of the Board of Directors of the Udupi Catholic Credit Co-op Society.This is the result of your sincere,hard work for the socity.Best of luck.
Mario Mathias, SyndicateBank Moodubelle, Moodubelle Mon, March-22-2010, 7:36
Congratulations! wishing you all the success
Victor Castelino, Moodubelle/Dubai Sun, March-21-2010, 1:47
Your achievements are as big as your smile Inna! Keep up the good work. It always pays. Regards to your mom.
Therese Dalmeida, Moodubelle,Doha Sun, March-21-2010, 1:23
Dear Innabab, Cogratulations.your dedication, committment and service for the community is beyond imagination.I know you will grow where-ever you are planted.Wish you all the best.Kind Regards.
Avith Lobo, Moodubelle/doha Sun, March-21-2010, 12:45
Congratulations Mr.Ignatius Monis.Best wishes for future
prince, podikambla/dubai Sun, March-21-2010, 3:18
congrats!!! Innab on being appointed as the President of the catholic credit cooperative society.Wishing you every succes in your work
Louis Alva, Kattingeri / Dubai Sun, March-21-2010, 3:08
Dear Innaab Congratulations. We are very happy for you on being elected as the President of the Board of Directors of the Udupi Catholic Credit Cooperative Society. You Deserve it and Best of luck.
Jerome D Sa, Bethsaida, Moodubelle/Dubai Sun, March-21-2010, 3:07
Congratulations Innab. Your sincere service and dedication for the upliftment of the society is very much appriciated. Keep us the good work that u are doing.
Victor D Souza, Moodubelle / Doha Sun, March-21-2010, 1:07
Congratulations Mr. Ignatius Monis on being elected as the President of the Board of Directors of the Udupi Catholic Credit Cooperative Society. Your dedication and service to the community is commendable. Best wishes on the plans of widening the operations of the Cooperative Society.
Valerian Alva, Kattingeri / Dubai Sun, March-21-2010, 12:42
Congratulations Innaab. This is the fruit of your commitment and hard work all these years. Best of luck.
simon.castelino, devaragudde/ kalmay/ jeddaha Sat, March-20-2010, 8:31
congratulation Innab best of luck inyour post and social service
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